September15,2010

“From reports today on the World Trade Organization’s (WTO) interim ruling I believe it is clear that Europe vastly exaggerated their claims against Boeing. While the interim ruling found that American policies caused some harm to Airbus, their impact was significantly less than the harm caused to Boeing by Europe’s market distorting illegal subsidies, or “launch aid.”

"Earlier this year, the WTO found that illegal subsidies to Airbus distorted the industry, shifting market share toward Europe and away from the U.S., impacting thousands of American aerospace jobs.

"Going forward, I will be carefully reviewing the details of the WTO’s final ruling when it is released and will continue working with the United States Trade Representative in an effort to restore market balance for our aerospace workers."